Q3 2022 Mitsui & Co Ltd Earnings Call Transcript
Good afternoon. I am Takakazu Uchida, CFO. Thank you for joining us today. I will begin by giving a summary of the third quarter operating results and yearly forecast. I will then hand over to our Global Controller, Tetsuya Shigeta, for details of our operating results.
In the first 9 months of 2021, the global economy continued to rebound overall, although the pace of economic recovery do slowed due to the rapid spread of the Omicron variant as well as due to the prolonged supply constraints. Under this business environment, Mitsui continued to achieve strong performance in the third quarter based on our robust global business portfolio.
Please turn to Page 3. I will provide a summary of operating results for the third quarter. Core Operating Cash Flow, COCF, for the period increased by JPY 369.5 billion to JPY 862.9 billion, and profit for the period increased by JPY 434.4 billion to JPY 633.3 billion year-on-year, both reaching record historical levels. By firmly taking the upside of commodity
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